Author Description

The purpose of this publication is to provide general infor-mation about the federal tax laws that apply to small busi-ness owners who are sole proprietors and to statutory em-ployees. This publication has information on business income, expenses, and tax credits that may help you file your income tax return.You do not have to carry on regular full-time business activities to be self-employed. Having a part-time busi-ness in addition to your regular job or business may be self-employment.Independent contractor. People such as doctors, den-tists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers who are in an independent trade, business, or profession in which they offer their services to the general public are generally independent contractors. However, whether they are independent contractors or employees depends on the facts in each case